Listing Agency: NAI Martens t***@naimartens.com Show Phone

Listed By: Nathan Farha · License #KS SP00228015

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 7:47PM

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Investment Insights

Based on property information with market context.

Bristol Hollows Duplexes offer a brand-new multifamily development currently under construction, with Phase 2 consisting of 80 three-bedroom, two-bath units in 40 buildings. Completion is scheduled for late 2024.

The development is located at 5655 East 53rd St N in Bel Aire, KS 67220. The offering may be purchased upon an agreed stabilization, with options to buy in phases as buildings are completed or during the construction process, while the seller remains the general contractor.

This is a straightforward duplex-style multifamily configuration designed around repeatable three-bedroom, two-bath layouts within each building.

Key Highlights

• Phase 2 duplex development under construction with 80 three‑bedroom, two‑bath units across 40 buildings
• Scheduled for completion by late 2024
• Can be purchased upon agreed stabilization, in phases as buildings are completed or during construction

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Auto Parts Store Real Estate Agency Garden Center Gym & Fitness Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

80

Residential units

Location Intelligence

Trade Area within ½ mile

30

Businesses Nearby

Explore this area Business Placement

Demographics for 67220, KS

14,370

Population

6,032

Households

2.4

Avg Household Size

34

Median Age

43%

College-Educated

92%

High-School Grad

7.2 sq mi

ZIP Area

1,996

Density / Sq Mi

$72,861

Median Household Income

$33,454

Median Earnings

$889

Median Rent

$193,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Brand-new duplex development under construction in Phase 2, totaling 80 three-bedroom/two-bath units across 40 buildings.

Where is this duplex located?

The property is located at 5655 East 53rd St N Bel Aire, KS.

What are key features of this property?

This property features: Phase 2 duplex development under construction with 80 three‑bedroom, two‑bath units across 40 buildings; Scheduled for completion by late 2024; Can be purchased upon agreed stabilization, in phases as buildings are completed or during construction